President Barack Obama - Term 1 and 2 Thread

[steveo777]

...from Bernanke's lips to Gods ears.. given this Wednesday to the House of Representatives..
http://in.reuters.com/article/2013/07/1 ... MY20130717

It's an admission that the economy is only surviving on Fed stimulus..

"If we were to tighten policy, the economy would tank."

So, in other words, Obama hasn't done jack shit, except throw stimulus money at everything, to make it look all rosey. If that is the case, the stock market is being artificially propped up as well. Something I've figured out more and more recently is that people who depend only on main stream news aren't getting half the truth. There is lots of credible news out there, written by people who tell it like it is, those who are not afraid to speak their minds. I'd say people who depend on FOX, MSNBC, ABC, CNN, ETC., are, at best, misinformed. Bernanke gave more truth than the majority of major news networks normally tell, so it amazes me that the information in it's entirety, actually made out to us.

[slucero]

...from Bernanke's lips to Gods ears.. given this Wednesday to the House of Representatives..
http://in.reuters.com/article/2013/07/1 ... MY20130717

It's an admission that the economy is only surviving on Fed stimulus..

"If we were to tighten policy, the economy would tank."

So, in other words, Obama hasn't done jack shit, except throw stimulus money at everything, to make it look all rosey. If that is the case, the stock market is being artificially propped up as well. Something I've figured out more and more recently is that people who depend only on main stream news aren't getting half the truth. There is lots of credible news out there, written by people who tell it like it is, those who are not afraid to speak their minds. I'd say people who depend on FOX, MSNBC, ABC, CNN, ETC., are, at best, misinformed. Bernanke gave more truth than the majority of major news networks normally tell, so it amazes me that the information in it's entirety, actually made out to us.

Yer confusing FED monetary policy (which has only benefited Wall Street by recapping the banks) with government monetary policy... which is non-existent...

And it's Congress that spends money.. not the POTUS. Blaming Obama is stupid..

The last stimuli that Congress approved was TARP, and that didn't go to anyone on Main Street, that went to GM, AIG, and some other companies and banks.... And since TARP... No stimulus.. nadda..

Meanwhile the FED has dropped over 4 Trillion into the banks..


You want to place blame where it belongs.. then blame Congress..

[Boomchild]

Speaking in terms of the whole fucking mess our government is in, I blame them all, B.O., his administration, Congress and the Senate. To me the all own a "piece of the action". All their hands are dirty.

[steveo777]

Speaking in terms of the whole fucking mess our government is in, I blame them all, B.O., his administration, Congress and the Senate. To me the all own a "piece of the action". All their hands are dirty.

Yes, this is the most corrupt organization. I also validate slucero''s take on it. The whole gaggle is rotten to the core.

[The Sushi Hunter]

Speaking in terms of the whole fucking mess our government is in, I blame them all, B.O., his administration, Congress and the Senate. To me the all own a "piece of the action". All their hands are dirty.

Yes, this is the most corrupt organization. I also validate slucero''s take on it. The whole gaggle is rotten to the core.

Lets not leave out the losers who voted these shitheads into office.

[slucero]

Flashback...

On October 13, 2012, President Obama boasted to Americans in his weekly address that he refused to “let Detroit go bankrupt.”

“We refused to throw in the towel and do nothing,” Obama said. “We refused to let Detroit go bankrupt, I bet on American workers, and American ingenuity and three years later that bet is paying off in a big way.”

Of course Obama was referring to the auto industry – alluding to Mitt Romney’s unfortunate New York Times op-ed headline from 2008.

...today...

Detroit files largest municipal bankruptcy case in U.S. history
July 18, 2013 at 5:57 pm

From The Detroit News: http://www.detroitnews.com/article/2013 ... z2ZRKdfFOG

[Memorex]

In a Senate hearing Thursday, environmental scientist Roger Pielke of the University of Colorado said it’s “incorrect” to claim that global warming is spurring more extreme weather disasters.

“It is misleading and just plain incorrect to claim that disasters associated with hurricanes, tornadoes, floods or droughts have increased on climate timescales either in the United States or globally,” Pielke said in his testimony before the Senate Environment and Public Works Committee. “It is further incorrect to associate the increasing costs of disasters with the emission of greenhouse gases.”

“Hurricanes have not increased in the U.S. in frequency, intensity or normalized damage since at least 1900,” Pielke added. “The same holds for tropical cyclones globally since at least 1970.”

[steveo777]

In a Senate hearing Thursday, environmental scientist Roger Pielke of the University of Colorado said it’s “incorrect” to claim that global warming is spurring more extreme weather disasters.

“It is misleading and just plain incorrect to claim that disasters associated with hurricanes, tornadoes, floods or droughts have increased on climate timescales either in the United States or globally,” Pielke said in his testimony before the Senate Environment and Public Works Committee. “It is further incorrect to associate the increasing costs of disasters with the emission of greenhouse gases.”

“Hurricanes have not increased in the U.S. in frequency, intensity or normalized damage since at least 1900,” Pielke added. “The same holds for tropical cyclones globally since at least 1970.”

Obama wants a war on the coal industry. That is his real motivation for refueling the global warming bullshit. He has a special interest in propping up other energy sources / companies. Anyone with half a brain can see right through the facade. There are other, far more pressing, domestic issues that need to be addressed. How about some hearings and trials on all the scandals. How about some hearings re: his legitimacy to be the POTUS?

[Boomchild]

Obama wants a war on the coal industry. That is his real motivation for refueling the global warming bullshit. He has a special interest in propping up other energy sources / companies. Anyone with half a brain can see right through the facade. There are other, far more pressing, domestic issues that need to be addressed. How about some hearings and trials on all the scandals. How about some hearings re: his legitimacy to be the POTUS?

So, does this mean the tree huggers don't even have half a brain?

[Boomchild]

Flashback...

On October 13, 2012, President Obama boasted to Americans in his weekly address that he refused to “let Detroit go bankrupt.”

“We refused to throw in the towel and do nothing,” Obama said. “We refused to let Detroit go bankrupt, I bet on American workers, and American ingenuity and three years later that bet is paying off in a big way.”

Of course Obama was referring to the auto industry – alluding to Mitt Romney’s unfortunate New York Times op-ed headline from 2008.

...today...

Detroit files largest municipal bankruptcy case in U.S. history
July 18, 2013 at 5:57 pm

From The Detroit News: http://www.detroitnews.com/article/2013 ... z2ZRKdfFOG

Welcome to the grand opening of Obama's "Transformed America". Don't miss out, coming to your city very soon!

[The Sushi Hunter]

Reminds of the other day when I heard the news play part of the BOzo speech where he was saying he's been too busy dealing with all the fake scandals. So if they are all fake, why is it that the government is hunting down Snowden or firing IRS employees? Bottom line, if any of this stuff was fake he'd not spend so much time hiding shit.

[The Sushi Hunter]

The difference between Nixon and Obama is the American culture. Back when Nixon fucked up, American's for the most part had a functioning moral compass. Now we have shitheads in the Whitehouse who get blowjobs in the Oval office, some turkey on the East Coast who can't stop himself from taking pictures of his crank and sending them to young chicks, left over 60's potheads and druggies who are now involved in American Politics along with a buch of fudge packers. That's the reason Nixon had his ass handed to him with he was caught with his pants down compared to the current shithead in office.

[Boomchild]

The difference between Nixon and Obama is the American culture. Back when Nixon fucked up, American's for the most part had a functioning moral compass. Now we have shitheads in the Whitehouse who get blowjobs in the Oval office, some turkey on the East Coast who can't stop himself from taking pictures of his crank and sending them to young chicks, left over 60's potheads and druggies who are now involved in American Politics along with a buch of fudge packers. That's the reason Nixon had his ass handed to him with he was caught with his pants down compared to the current shithead in office.

I can agree. There is no such thing as a moral compass in our society. In a lot of ways we have become a society of "anything goes". Very rarely are people held to some kind of standard. I am not talking about right wing, religious virtues. Just basic morality. Speaking of the left over 60's potheads and druggies, a lot of them don't seem to have a problem with how are government is trying to control and direct our lives. These were the people that were protesting "the man" and in no way shape or form wanted a big government running their lives or be beholden to an authoritative system. This country is going to get what it deserves, which will not be pretty. I guess the old saying that we don't learn from history still rings true.

[slucero]

deleted.

[slucero]

The difference between Nixon and Obama is the American culture. Back when Nixon fucked up, American's for the most part had a functioning moral compass. Now we have shitheads in the Whitehouse who get blowjobs in the Oval office, some turkey on the East Coast who can't stop himself from taking pictures of his crank and sending them to young chicks, left over 60's potheads and druggies who are now involved in American Politics along with a buch of fudge packers. That's the reason Nixon had his ass handed to him with he was caught with his pants down compared to the current shithead in office.

I can agree. There is no such thing as a moral compass in our society. In a lot of ways we have become a society of "anything goes". Very rarely are people held to some kind of standard. I am not talking about right wing, religious virtues. Just basic morality. Speaking of the left over 60's potheads and druggies, a lot of them don't seem to have a problem with how are government is trying to control and direct our lives. These were the people that were protesting "the man" and in no way shape or form wanted a big government running their lives or be beholden to an authoritative system. This country is going to get what it deserves, which will not be pretty. I guess the old saying that we don't learn from history still rings true.

That would be because those very same potheads and druggies are now Boomer retirees who want no cuts to their retirement pensions or their Social Security payments..

America today is more liberal than it was when Nixon was in office... 50 years of deficit spending by Congress to expand entitlements will do that.... look at when deficit spending started in earnest.. 1973.. who was the president then? Nixon.

The point is that who is president really doesn't matter... because it's Congress that spends the money.. not the POTUS.

[slucero]

wow... mortgage backed securities, created by JP Morgan were the cause of the 2008 banking crisis.. and here it is 2013 and we now have "rent backed securities"...

it's deja vu all over again...

http://online.wsj.com/article/SB1000142 ... 89384.html

[Boomchild]

wow... mortgage backed securities, created by JP Morgan were the cause of the 2008 banking crisis.. and here it is 2013 and we now have "rent backed securities"...

it's deja vu all over again...

http://online.wsj.com/article/SB1000142 ... 89384.html

I'm not surprised. After all, those involved with the last scheme only received a slap on the wrist and a bail out by the government.

[The_Noble_Cause]

The difference between Nixon and Obama is the American culture. Back when Nixon fucked up, American's for the most part had a functioning moral compass. Now we have shitheads in the Whitehouse who get blowjobs in the Oval office, some turkey on the East Coast who can't stop himself from taking pictures of his crank and sending them to young chicks, left over 60's potheads and druggies who are now involved in American Politics along with a buch of fudge packers. That's the reason Nixon had his ass handed to him with he was caught with his pants down compared to the current shithead in office.

Riiight. Because JFK, Ike, and FDR never had mistresses on the side? Your ignorance is just pathetic. You should really refrain from commenting on current events - period. You have all the historical insight of an alien who's UFO missed the turn to Alpha Centauri and suddenly crash landed on earth. Nixon's crimes were fueled by petty personal vendettas. The Obama NSA scandal was codified into law by the Patriot Act and every other civil liberty shredding legislation passed in post-9/11 America - many of which you cheered for while slapping Bush/Cheney bumper stickers on all of your neighbors' cars. Shut the fuck up already.

[Memorex]

So you would say everything is going great, Noble? Nothing to complain about? If something is bad, but it was started by the last guy, then that's ok by you? No one should complain? I agree people can be hypocrites, but wrong is wrong no matter who started it. So maybe as Americans, we should all stand up together and say enough. Stop. Work for us, not against us. Treat us as your employer, not your peasants.

I'm tired of politicians doing what they say is best for us, all the while stripping us of the freedoms that all people in the world should have. Shoving shit down our throat. I could care less if they have a D or R in their title. And you shouldn't either.

[The_Noble_Cause]

So you would say everything is going great, Noble? Nothing to complain about? If something is bad, but it was started by the last guy, then that's ok by you? No one should complain? I agree people can be hypocrites, but wrong is wrong no matter who started it. So maybe as Americans, we should all stand up together and say enough. Stop. Work for us, not against us. Treat us as your employer, not your peasants.

Yeh right. Until a Republican wins again, and then it's more of the same. Pretty disingenuous.

[Boomchild]

A call center is opening this fall for assisting citizens with questions about the new health care reform, i.e. Obummercare. The irony is that positions at this call center will be part time with no health care benefits. Too funny.

http://www.nypost.com/p/news/national/o ... Q4EDr2LiKL

[steveo777]

Obama is threatening to not send out Social Security checks unless the debt ceiling is raised. What this asshole is telling you, is unless you approve of more debt, you're not getting your retirement check.
http://www.huffingtonpost.com/2011/07/1 ... 95831.html

[Memorex]

So you would say everything is going great, Noble? Nothing to complain about? If something is bad, but it was started by the last guy, then that's ok by you? No one should complain? I agree people can be hypocrites, but wrong is wrong no matter who started it. So maybe as Americans, we should all stand up together and say enough. Stop. Work for us, not against us. Treat us as your employer, not your peasants.

Yeh right. Until a Republican wins again, and then it's more of the same. Pretty disingenuous.

I agree. Many, many Republicans - the majority - will lie down and take it as long as their guy says it's ok. And they will be every bit as wrong. Fortunately, that's not me. But you can't complain about them if you do the same when it's your guy. That's all I'm saying.

Americans needs to stop acting as two sets of people. It's KILLING us.

[Memorex]

If you follow our current path, there is definitely a tipping point where it will take all of the money left over that anyone has to support those that won't work.

I'm not sure how much fraud, waste, and abuse has to be seen by some to realize it's just an impossible scenario, unless you want to end up in a completely socialist environment. And when that happens, it's still something that is not sustainable.

I wonder what the US will look like once all the baby boomers are gone. Maybe with a much smaller population, this will be easier. I don't know. All I know today is that the system is broken. Neither side has any answers. Too many people want something for nothing now. And our health care in this country is about to endure an overall major decline for a lot of people. Hopefully it will be better for some to offset that.

[Rick]

If you follow our current path, there is definitely a tipping point where it will take all of the money left over that anyone has to support those that won't work.

I'm not sure how much fraud, waste, and abuse has to be seen by some to realize it's just an impossible scenario, unless you want to end up in a completely socialist environment. And when that happens, it's still something that is not sustainable.

I wonder what the US will look like once all the baby boomers are gone. Maybe with a much smaller population, this will be easier. I don't know. All I know today is that the system is broken. Neither side has any answers. Too many people want something for nothing now. And our health care in this country is about to endure an overall major decline for a lot of people. Hopefully it will be better for some to offset that.

There are a lot of gainfully employed people that qualify for food stamps. The biggest employer in this country is churning out billions in profits each quarter, and can't pay their employees a living wage. Not to mention any benefits. Our whole airline, who used to pay decent wages to it's employees is probably now about 40% outsourced. These outsourcing, labor pool companies pay 1/3 what employees were making before companies like American Airlines, Delta, United and such decided to abrogate labor contracts through the use of bankruptcy. Everyone keeps giving labor unions a black eye, but if you'll notice, the pay disparity problem in this country grows as the labor unions shrink. The biggest mistake everyone made was buying into all of the false propaganda people were being fed by big business about labor unions. Another problem is illegal immigrants. They work for peanuts, which drives down the wages of the legal workforce. The ONLY reason illegal workers are allowed to stay in this country is because big business wants them here for the extremely cheap labor. Then big business screams and cries that they're barely making it. All I can do is shake my head.

[slucero]

If you follow our current path, there is definitely a tipping point where it will take all of the money left over that anyone has to support those that won't work.

I'm not sure how much fraud, waste, and abuse has to be seen by some to realize it's just an impossible scenario, unless you want to end up in a completely socialist environment. And when that happens, it's still something that is not sustainable.

I wonder what the US will look like once all the baby boomers are gone. Maybe with a much smaller population, this will be easier. I don't know. All I know today is that the system is broken. Neither side has any answers. Too many people want something for nothing now. And our health care in this country is about to endure an overall major decline for a lot of people. Hopefully it will be better for some to offset that.

There are a lot of gainfully employed people that qualify for food stamps. The biggest employer in this country is churning out billions in profits each quarter, and can't pay their employees a living wage. Not to mention any benefits. Our whole airline, who used to pay decent wages to it's employees is probably now about 40% outsourced. These outsourcing, labor pool companies pay 1/3 what employees were making before companies like American Airlines, Delta, United and such decided to abrogate labor contracts through the use of bankruptcy. Everyone keeps giving labor unions a black eye, but if you'll notice, the pay disparity problem in this country grows as the labor unions shrink. The biggest mistake everyone made was buying into all of the false propaganda people were being fed by big business about labor unions. Another problem is illegal immigrants. They work for peanuts, which drives down the wages of the legal workforce. The ONLY reason illegal workers are allowed to stay in this country is because big business wants them here for the extremely cheap labor. Then big business screams and cries that they're barely making it. All I can do is shake my head.

wow Rick.. illiterate much?


We're heading towards 3rd world status because our Congress continuously made it easy for business to move American manufacturing jobs to where??? --------------------------------->>>>>> 3rd world countries..


Think about that for a minute.


And seriously, illegal immigration is the "Great cause" of the demise of wages?? Let's examine what you are saying from a factual basis...

From the DHS Yearbook of Immigration Statistics FY '2009:

• LEGAL immigration: 1.1 Million annually (est),
• ILLEGAL immigration: 500,000 (est)

The U.S. population is 314 Million people, and growing at 1% a year. That's 3.14 Million vs. 1.7 Million TOTAL immigrants per year.. so according to you, the illegal immigrants, less than 1/2 of 1% of the population.. is affecting wages for everyone..


Think about that for a minute.


The problem in this country is not immigration (legal or illegal) "Driving down wages"... it is our government (CONGRESS) continuously subverting and abrogating the original intent of the Founders and the Framers in our education system, our culture and our society... at the behest of big business....

CLUE: Like Congress letting them source their labor outside of the U.S. without penalty, the consequence of it being more people chasing fewer jobs..... which drives down wages.

So clearly attacking immigrants (legal or illegal) solves none of that.


Stop blaming immigrants (legal or illegal) for what we Americans have brought on ourselves.

[Memorex]

You think there is only 500,000 illegal immigrants? I'd say that's a scooch off.

How many does it take to drive wages down?

[Boomchild]

Obama is threatening to not send out Social Security checks unless the debt ceiling is raised. What this asshole is telling you, is unless you approve of more debt, you're not getting your retirement check.
http://www.huffingtonpost.com/2011/07/1 ... 95831.html

I say call his bluff. I'm willing to bet he won't do it. With the amount of people now on SSI and SSD he may have mass riots to deal with. Just watch some of the videos on YT were people didn't get their state entitlement payments and showed up at the state welfare offices to protest. Then again, maybe he's thinks he has it covered with all the ammo and tanks DHS has been buying.

[Boomchild]

If you follow our current path, there is definitely a tipping point where it will take all of the money left over that anyone has to support those that won't work.

I'm not sure how much fraud, waste, and abuse has to be seen by some to realize it's just an impossible scenario, unless you want to end up in a completely socialist environment. And when that happens, it's still something that is not sustainable.

I wonder what the US will look like once all the baby boomers are gone. Maybe with a much smaller population, this will be easier. I don't know. All I know today is that the system is broken. Neither side has any answers. Too many people want something for nothing now. And our health care in this country is about to endure an overall major decline for a lot of people. Hopefully it will be better for some to offset that.

There are a lot of gainfully employed people that qualify for food stamps. The biggest employer in this country is churning out billions in profits each quarter, and can't pay their employees a living wage. Not to mention any benefits. Our whole airline, who used to pay decent wages to it's employees is probably now about 40% outsourced. These outsourcing, labor pool companies pay 1/3 what employees were making before companies like American Airlines, Delta, United and such decided to abrogate labor contracts through the use of bankruptcy. Everyone keeps giving labor unions a black eye, but if you'll notice, the pay disparity problem in this country grows as the labor unions shrink. The biggest mistake everyone made was buying into all of the false propaganda people were being fed by big business about labor unions. Another problem is illegal immigrants. They work for peanuts, which drives down the wages of the legal workforce. The ONLY reason illegal workers are allowed to stay in this country is because big business wants them here for the extremely cheap labor. Then big business screams and cries that they're barely making it. All I can do is shake my head.

The unions should be very happy now. They have a guy as POTUS that supports and likes unions. They seem thrilled about the health care reform and how it will help their benefits. Speaking of becoming a completely socialist system, it seems we're well on our way to it. One of things that is done to shift to that type of system is to gain government control over health care.

[Boomchild]

You think there is only 500,000 illegal immigrants? I'd say that's a scooch off.

How many does it take to drive wages down?

If remember correctly, the government has estimated that number of illegals in the US is currently 11 million. Does anyone believe that? I don't. I believe it's much higher. How can they really project a accurate number when these people are "in the shadows" and ICE having their hands tied on going after and handling illegals?